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 | Robert Blumen - 24hgold |
 Is Gold Money  |
| Is Gold Money ? Many would say so, but is it so ? The answer the question of whether Gold is money requires a definitionTuesday, November 24, 2020 |
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 | Antal E. Fekete - Gold University |
| Recapitalize The Banks With Gold |
| .Tuesday, September 22, 2020 |
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 | Nick Barisheff - BMSINC |
| August 15, 1971: Inflation Unleashed |
| The general public, the media and most financial observers were largely unaware of the momentous event that took place on August 15, 1971. However, the implications of that event have had an enormous impact on global financial conditions ever since. On that date, US President Richard Nixon “closed the gold window”. In essence, this meant the US would no longer honour the Bretton Woods Agreement of 1944, whichSaturday, August 15, 2020 |
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 | Mac Slavo - ShtfPlan |
| 2019: The Beginning Of The End (Free Premium Report) |
| Now that it’s 2019, we’re going to start the new year here at Peak Prosperity by responding to the wishes of our premium subscribers and making our most recent premium report free to everyone.
For those unfamiliar with our work, it’s based on the idea that humanity is hurtling towards a disaster of our own making. Several powerful and unsustainable trends Monday, January 14, 2019 |
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| Mac Slavo - ShtfPlan |
| Ron Paul: ‘When Our Financial System Crashes…The Elites…Will Suffer The Least’ |
| When the housing bubble popped in 2007, the Federal Reserve went to work to re-inflate the bubble by printing more money – quantitative easing. But the policy has made matters much worse, as now everything is a bubble, and according to Ron Paul, when it bursts, only the elite will come out unscathed.
The Federal Reserve has once again created an artificial and unsustainable economic bubble. Central planning still doesn’t work, and the sooner we move to sound money the better. Ron Paul discusses Sunday, December 30, 2018 |
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 | Wolf Richter |
| Housing Bubble Pops in Sydney Melbourne, Australia |
| And with impeccable timing, an immense flood of new construction.
In Sydney, breeding ground for one of the world’s biggest housing bubbles, prices of single-family houses dropped 7.3% in August, compared to a year earlier. Prices of “units” — condos in US lingo — fell 2.2% year-over-year. Price declines were the sharpest at the high end, with prices down 8.1% in the most expensive quarter of home sales. Prices of all types of homes combined fell 5.6%, according to CoreLogic’s Daily Home ValueTuesday, September 4, 2018 |
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 | Andy Hoffman - Miles Franklin |
| Is Gold Worth More Or Less Than Its $1900 High In 2011 |
| One of the challenges with investing in precious metals is that there is so much distortion in the market that figuring out a true fair value is not always the easiest thing to do. Yet there are clues investors can look at that indicate that when the price starts to move, it won’t be by a small amount.
Back in 2011 I was still working as an equity options trader on the New York Stock Exchange, and was about two years into my studies of the precious metals market. Following the collapse of the suFriday, March 9, 2018 |
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 | Chris Martenson |
| It's Looking A Lot Like 2008 Now... |
| Economic and market conditions are eerily like they were in late 2007/early 2008.
Remember back then? Everything was going great.
Home prices were soaring. Jobs were plentiful.
The great cultural marketing machine was busy proclaiming that a new era of permanent prosperity had dawned, thanks to the steady leadership of Alan Greenspan and later Ben Bernanke.
And only a small cadre of cranks, like me, was singing a different tune; warning instead that a painful reckoning in our financial system wTuesday, February 6, 2018 |
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 | Mish - Global Economic Analysis |
| Personal Savings Rate: What's Going On Can Spending Drive the Economy |
| The personal savings rate fell to 2.6% in the 4th quarter. The all-time low rate 2.2% in 2005. What's going on?
The Wall Street Journal says Consumers Can’t Keep Driving the Economy.
Gross domestic product grew at 2.6% annual rate in the fourth quarter, the Commerce Department said Friday. That was slower than the 3.2% it clocked in the third quarter and the 2.9% that economists expected.
A quick look under the hood shows that when it comes to demand, things are doing just fine. Personal spendSaturday, January 27, 2018 |
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| Chris Martenson |
| Believing The Impossible |
| "Alice laughed: "There's no use trying," she said; "one can't believe impossible things."
"I daresay you haven't had much practice," said the Queen. "When I was younger, I always did it for half an hour a day. Why, sometimes I've believed as many as six impossible things before breakfast."
~ Lewis Carroll, Through The Looking Glass
To borrow from Lewis Carroll: To have confidence in today's central bank-created bubble markets, we have to believe in six impossible things.
Thing 1: Fundamentals DSaturday, January 20, 2018 |
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| Mish - Global Economic Analysis |
| CPI Up 0.1 Percent: How Much is the CPI Understated |
| The BLS says the CPI is up 0.1% for the month and 2.1% from a year ago. What's the real story?
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in December on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.1 percent before seasonal adjustment.
An increase of 0.4 percent in the shelter index accounted for almost 80 percent of the 1-month all items increase. The food index rose in DThursday, January 18, 2018 |
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 | Mark O'Byrne - gold.ie |
| Silver Prices To Surge – JP Morgan Has Acquired A “Massive Quantity of Physical Silver” |
| – JP Morgan continues to accumulate the biggest stockpile of physical silver in history– “JPM now holds more than 133m oz -more than was held by the Hunt Bros” – Butler– Silver hoard owned by JPM has increased from Zero ozs in 2011 to 120m ozs today
– Money managers showing more optimism towards silver through record buying– “Near impossible to rule out an upside price surprise at any moment”
Editor: Mark O’Byrne
Source: Sharelynx
Money managers are feeling increasingly optimistic about silver, Wednesday, January 17, 2018 |
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| Mish - Global Economic Analysis |
| Cryptocurrencies "Greatest Opportunity" to Get Millennials to Trade |
| TD Ameritrade hopes to get millennials to trade. Cryptocurrencies is the way.Here's a hoot. TD Ameritrade says Cryptocurrencies are the 'Greatest Opportunity' to Get Millennials to Trade.
The cryptocurrency market may be just what is needed to lure millennials into trading, TD Ameritrade chief market strategist JJ Kinahan told CNBC on Monday.
"People complain that we haven't gotten millennials to trade. Maybe this isn't the product I'd like people to start with, but this is the greatest opportuTuesday, January 9, 2018 |
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 | Michael Ballanger |
| COT Report: Predictably Stomach Churning but Bullish |
| Here is a really good question. Anyone out there lose money trading gold and silver or related mining shares in the past couple of months? I did. My friends did. The bulk of the managed money (hedge fund) players did. However, it's all "JUST FINE" because the Dow and the S&P hit all-time highs again as the last vestiges of the post-2008-GFC rescue reflation is now SURGING into paper assets. More importantly, those bullion bank millennials that were hired by their uncles and fathers and grandfathTuesday, December 19, 2017 |
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| Mish - Global Economic Analysis |
| Six Ways US Stocks Most Overvalued in History |
| US large cap stocks are the most overvalued in history. Let's investigate six ways.Crescat Capital claims US large cap stocks are the most overvalued in history, higher than prior speculative mania market peaks in 1929 and 2000.
Their 25-page presentation makes a compelling case, with numerous charts. It's worth your time to download and investigate the report.
Six Ways Socks Most Overvalued in History
Price to Sales
Price to Book
Enterprise Value to Sales
Enterprise Value to EBITDA
Price to EMonday, December 11, 2017 |
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| Chris Martenson |
| You're Just Not Prepared For What’s Coming |
| I hate to break it to you, but chances are you're just not prepared for what’s coming. Not even close.
Don't take it personally. I'm simply playing the odds.
After spending more than a decade warning people all over the world about the futility of pursuing infinite exponential economic growth on a finite planet, I can tell you this: very few are even aware of the nature of our predicament.
An even smaller subset is either physically or financially ready for the sort of future barreling down on Monday, December 4, 2017 |
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| Mish - Global Economic Analysis |
| Fed Concerned Bitcoin Will “Eviscerate” Big Banks No, Not Really! |
| A rumor is circulating that the Fed concerned Bitcoin will “eviscerate” big banks. Let's investigate the claim.Zerohedge writes As Bitcoin Nears $10,000 "Central Banks Kept Up At Night".
Here is the line that caught my attention: "St. Louis Fed President James Bullard admitted to Reuters in a recent interview what the real concern was: '(We could) wake up one day and most of the big banks have been eviscerated and most of that activity has moved elsewhere.'"
I tracked that that claim back to theThursday, November 30, 2017 |
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| Sprott Money |
| Next-Generation Crazy: The Fed Plans For The Coming Recession - John Rubino |
| Insanity, like criminality, usually starts small and expands with
time. In the Fed’s case, the process began in the 1990s with a series of
(in retrospect) relatively minor problems running from Mexico’s
currency crisis thorough Russia’s bond default, the Asian Contagion
financial crisis, the Long Term Capital Management collapse and finally
the Y2K computer bug.
With the exception of Y2K – which turned out to be a total non-event –
these mini-crises were threats primarily to the big banks Monday, November 20, 2017 |
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| Sprott Money |
| The Size Of The Financial Avalanche Coming Grows Larger - Dave Kranzler |
| Inflation vs deflation. The true economic definition of “inflation”
is the rate of increase in the money supply in excess of the rate of
increase in wealth output. Inflation is monetary in nature. Rising
prices are the manifestation of inflation. Someone I follow on Twitter
posted an ingenious example from which to conceptualize the true concept
of inflation using the game of Monopoly:
The players all start out with reasonable
amounts of money to speculate on real estate. As the game proceTuesday, November 14, 2017 |
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| Graham Summer - Gains Pains & Capital |
| Over Two Thirds of Global GDP Is Entering an Inflationary Shock |
| The world is careening towards an inflationary shock.
As was the case with the beginning of the Housing Crash, few are noticing what's happening. And even fewer realize the true scale of what's about to take place.
Below is a chart you have to see.
This chart shows the Producer Prices Index for the four largest economies int he world: the US, the EU, China, and Japan.
Note, that Producer Prices are SPIKING in all four economies.
H/T Jeroen Blokland
Put another way, a full 66% of world GDP is cuThursday, November 9, 2017 |
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